Wednesday, June 01, 2011 2:45:23 PM
Why does anyone buy a stock? Because they think it is undervalued!
If everyone REALLY thinks it is undervalued in the .04 - .10 range, then why the complaining? Sounds like a bunch of flippers upset that their money is tied up and they can't continue flipping. If you bought at .02 or you bought at .08, it doesn't matter, when the projected value, imo is at LEAST $5 per share down the road... a few cents wont really matter at that point, if you were able to buy all the shares you wanted.
I do expect there to be pull backs along the way, like at the $1.00 mark, I see alot of sell offs as people want to 'lock in' their profits, so the price may drop back to .75 or .80 for a moment ( another flip opportunity ).
If you cannot handle the day to day fluxuation, maybe the message board isn't for you... if you're done buying, set an alert to your mobile or e-mail so you'll know when the price hits .50, then log back in. ;)
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